Dedicated Fund on Branding, Upgrading and Domestic Sales (BUD Fund) - FTA and IPPA Programme
Non-listed enterprises registered in Hong Kong under the Business Registration Ordinance (Chapter 310); and Have substantive business operations in Hong Kong.
Funding will be provided on a matching basis, i.e. the Government will cover a maximum of 50% of the total approved project cost and the enterprise has to contribute no less than 50% of the total project cost in cash. During the tenure of the BUD Fund, funding support will be granted to each enterprise for a maximum of 70 approved projects and the cumulative funding ceiling for all approved projects under “BUD Fund” per enterprise is HK$7,000,000. Funding ceilings for each approved project of general application and “Easy BUD” are HK$1,000,000 and HK$100,000 respectively.